The following information is for John's Logistics Company: 1. Cash balance per bank, July 31, $7,900....

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The following information is for John's Logistics Company: 1. Cash balance per bank, July 31, $7,900. 2. July bank service charge not recorded by the depositor, $44. 3. Cash balance per books, July 31, $7,800. 4. Deposits in transit, July 31, $1,000. 5. 6. Bank collected $630 note for John's in July, plus interest $40, less fee $26. The collection has not been recorded by John's, and no interest has been accrued. Outstanding cheques, July 31, $500. Prepare a bank reconciliation at July 31. (List items that increase balance as per bank & books first.) Activ The following information is for John's Logistics Company: 1. Cash balance per bank, July 31, $7,900. 2. July bank service charge not recorded by the depositor, $44. 3. Cash balance per books, July 31, $7,800. 4. Deposits in transit, July 31, $1,000. 5. 6. Bank collected $630 note for John's in July, plus interest $40, less fee $26. The collection has not been recorded by John's, and no interest has been accrued. Outstanding cheques, July 31, $500. Prepare a bank reconciliation at July 31. (List items that increase balance as per bank & books first.) Activ

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Bank Reconciliation at July 31 for Johns Logistics Company Balance as per bank statement Cash balanc... View the full answer